POSITIONS ON PROPOSITIONS

The Board of Directors has taken the following positions on statewide propositions that will be on the November Ballot. As a statewide professional organizations representing commercial retail real estate, positions are taken on issues that have a unique and/or disproportionate impact on our businesses.

Proposition 22 – Bars the state from taking/borrowing money dedicated for local government, redevelopment or transit agencies.

Proposition 22 Title, Summary and Analysis

Proposition 22 Arguments and Rebuttals

POSITION: Support, “Yes.”

Proposition 24 – Repeals recent legislation that allows businesses to carry-back losses, share tax credits, and use other formulas to lower taxable income in the state.

Proposition 24 Title, Summary and Analysis

Proposition 24 Arguments and Rebuttals

POSITION: Oppose “No.”

Proposition 25 – Change vote requirement to pass the state budget from two-thirds to a simple majority.

Proposition 25 Title, Summary and Analysis

Proposition 25 Arguments and Rebuttals

POSITION: Oppose “No.”

Proposition 26 – Increases legislative vote requirement from majority to two-thirds for approving state fees, levies and surcharges.

Proposition 26 Title, Summary and Analysis

Proposition 26 Arguments and Rebuttals

POSITION: Support “Yes.”

If you have any questions, comments, or would like more context or information regarding these positions, feel free to contact us.